1. Phil Spencer hinted at the development of an Xbox Gaming Handheld without explicitly confirming it. 2. The handheld would focus on local gaming, similar to the Steam Deck or ROG Ally, rather than cloud-based like PlayStation Portal. 3. The device is expected to be Windows 11-based, with Xbox first-party titles and PC Game Pass titles available. 4. Optimization of the Xbox app for a gaming handheld is a key challenge. 5. AMD Ryzen with integrated Radeon graphics is a likely choice for the custom chip development for the Xbox Gaming Handheld.